VAT

Making Tax Digital (MTD) was introduced in April 2019 by HMRC to ensure that businesses report the correct financial data, by analysing individual transactions rather than summaries, using a compatible software. This means greater scrutiny of reporting, however it introduces so many more benefits for accountants and businesses owners alike.

Although MTD for VAT seems like a revolution for businesses and individuals alike, the MTD scheme does in fact make it easier to manage, report and pay your taxes to HMRC.

We use cloud technologies which integrate with our chosen cloud-software package to not just comply with the law, but also help you identify inefficiencies in your business. We use APPs to resolve these and help give you the much-needed extra hours in your day to focus on more important issues! Lets face it, there are more pressing things than VAT for you to focus on as you add value to and grow your business.

We are flexible and work with you to fit around your business needs. We can provide the full package, or if you would like to get more involved, we provide up an hour’s free training on the software platforms we employ, giving you more of an idea of how everything fits together. It all depends on you and how involved you would like to get!